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Retired Investors Should Stop Trading So Much

alphaarchitect

5 months ago

97 views

This paper uses retirement as a natural experiment. Retirement creates a sudden jump in leisure time. That should reduce information-processing barriers. The question is: does having more time change how people trade, and does it improve outcomes?

The Role of Time Availability in Retail Trading Behavior: Evidence from Retired Investors

Ebrahim Bazrafshan and Oscar Stålnacke

Working paper, 2025

A version of this paper can be found here

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